According to Foresight News , Decrypt reported that BlackRock and Grayscale updated their US spot Ethereum ETF documents to add seed investors and establish custodians. Among them, BlackRock has obtained $10 million in funds from a seed investor who purchased shares of the upcoming iShares Ethereum Trust. The seed investor purchased 400,000 shares at $25 per share and will serve as a "legal underwriter." Seed capital investors initially provide funds for the ETF to get it launched and traded on the stock exchange. Grayscale has added Coinbase as its fund custodian.
BlackRock updates its US spot Ethereum ETF filing, receives $10 million in funding from seed investors
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content